George Weston Ltd. | StockChase
237
George Weston Ltd. (WN-T)

Last Price Recorded: $110.7600 on 2017-11-21

ON STOCKCHASE SINCE Dec 2000

food processing

George Weston Ltd.


Signal Opinion Expert

2017-08-23

COMMENT
George Weston Ltd. (WN-T)

He owns L-T.  It has done well over the long term and pays a dividend that is not a great grower.  You will not lose a lot on this one.  They will adjust to the higher minimum wage.

food processing
Douglas Kee

Chief Investment Officer, Leon Frazer & Associates

Price: $109.630
Owned: No

2017-04-04

HOLD
George Weston Ltd. (WN-T)

Preferred series IV 5.2%? This is a good credit, but it is investment-grade rated by the credit rating agencies, and is a credit he is comfortable with. This specific issue is a straight perpetual, so from a deflationary standpoint, it is pretty defensive. It will do well if you think rates are going to go down. If rates go up a little, you are in great shape as well. It trades at around par with a running rate of around 520.

food processing
Doug Grieve

Portfolio Manager, Lysander-Slater Preferred Share ActiveETF

Price: $115.350
Owned: Yes

2017-03-17

TOP PICK
George Weston Ltd. (WN-T)

This is a major shareholder in Loblaws (L-T) as well as having a bakery business. You are getting the bakery at a significant discount, when you look at the value of Loblaws. He likes the positioning of Loblaws and their holding of Shoppers, and they have great exposure in the discount chain area. Dividend yield of 1.6%. (Analysts’ price target is $127.)

food processing
Michael Sprung

President, Sprung Investment Management

Price: $112.430
Owned: Yes

2017-03-08

WAIT
George Weston Ltd. (WN-T)

An expensive stock. Looks good, but getting a little tired. Give it a couple of months before you buy and see how it trades out.

food processing
William Chin

Portfolio manager, Caldwell Investment Management

Price: $112.280
Owned: Unknown

2017-01-31

PAST TOP PICK
George Weston Ltd. (WN-T)

(A Top Pick Feb 9/16. Up 9.42%.) He is generally constructive on the supermarket space and his ownership of Loblaws (L-T). Doesn’t think food price inflation, that has largely overhung the space, is going to be here to stay.

food processing
Andy Nasr

VP & Investment Strategist, Sentry Investments

Price: $110.980
Owned: No

2017-01-20

COMMENT
George Weston Ltd. (WN-T)

The parent company of Loblaws, the largest grocer in Canada. The majority of NAV comes from Loblaws. They still have a small bakery division in both Canada and the US. He would look for news on Loblaws that would drive this stock. Finds this quite cheap compared to the value of Loblaws and the bakeries.

food processing
Michael Simpson, CFA

Senior Vice-President, Sentry Investments

Price: $114.250
Owned: Unknown

2016-12-08

PAST TOP PICK
George Weston Ltd. (WN-T)

(A Top Pick Nov 10/15. Up 6.92%.) This is a parent of Loblaw’s (L-T) which has performed reasonably well, and now they have Shoppers.

food processing
Jim Huang

President, T.I.P. Wealth Management

Price: $113.020
Owned: No

2016-11-08

COMMENT
George Weston Ltd. (WN-T)

There is nothing wrong with Weston, but he prefers Loblaw’s (L-T), which hasn’t been great this year because of the food wars, inflation, and whether they pass it on to the customers or not. When you look at what Weston owns and when you look at the stub of Loblaw’s, there is often a trade that can be done there. Looking at the chart of Loblaw’s, it is probably not a bad time to be buying it down here. It gives you more liquidity, and is easier to follow.

food processing
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Management

Price: $104.980
Owned: No

2016-09-14

PAST TOP PICK
George Weston Ltd. (WN-T)

(A Top Pick July 28/15. Up 5.85%.) The reason he liked this was more because Loblaw’s (L-T) was a big part of it. On the other side is the bakery operation, which has been underperforming. They have been investing heavily and that is going to show. He no longer owns the stock, but still likes the company longer-term.

food processing
Jim Huang

President, T.I.P. Wealth Management

Price: $109.590
Owned: No

2016-06-23

COMMENT
George Weston Ltd. (WN-T)

A slow and steady consumer staples name. Technically it has done well, moving up and meandering higher in the last little while. In the last 12 months, it is up about 10%. Decent technical moves. A bit expensive, trading at about 17X FE, and growing at about 7%. PEG ratio to growth is a bit higher at about 2.4X, which would concern him. He would prefer Metro (MRU-T) or Loblaw’s (L-T). Dividend yield of about 1.6%.

food processing
Stan Wong

Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod

Price: $111.340
Owned: No

2016-03-16

PAST TOP PICK
George Weston Ltd. (WN-T)

(Top Pick Mar 5/15, Up 12.74%) It is trying to break out now.  Pretty good volume.  He likes what they have done in the last two years.  He is keeping his position.

food processing
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $115.140
Owned: Yes

2016-02-09

TOP PICK
George Weston Ltd. (WN-T)

He is trying to position his portfolio somewhat defensively given the volatility he is seeing in Canada. This has a relatively strong balance sheet with a lot of cash, along with the bakery business where they can potentially unlock some of the value. Dividend yield of 1.66%.

food processing
Andy Nasr

VP & Investment Strategist, Sentry Investments

Price: $103.020
Owned: Yes

2016-01-12

PARTIAL BUY
George Weston Ltd. (WN-T)

Doesn’t own this, but does own Loblaw’s (L-T), their major underlying asset. By default, she would be accumulating this one at these levels. Grocers tend to source a lot of their fresh goods from the US, and the squeeze on margins can’t easily be passed through.

food processing
Christine Poole

CEO & Managing Director, GlobeInvest Capital Management

Price: $102.170
Owned: No

2015-11-10

TOP PICK
George Weston Ltd. (WN-T)

L-T heavily invested in an ERP system, then digested Shoppers as part of their turnaround.  But WN-T also has the bakery business which is private.  There has been heavy investment in that.  It has been hugely undervalued.  He thinks in 2016 you will see a higher dividend than L-T and less investment so it should outperform L-T.

food processing
Jim Huang

President, T.I.P. Wealth Management

Price: $107.380
Owned: Yes

2015-10-15

PAST TOP PICK
George Weston Ltd. (WN-T)

(Top Pick Oct 31/14, Up 21.02%) It is in a good space and is a well run company.  Canada bread and shoppers are very good acquisitions.

food processing
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $110.220
Owned: Yes

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